First Federal of Northern Michigan Bancorp, Inc. is a non-diversified unitary savings and loan holding company. First Federal of Northern Michigan Bancorp, Inc. owns First Federal of Northern Michigan (the Bank). As of December 31, 2011, First Federal of Northern Michigan Bancorp, Inc. had deposits of $150.6 million. First Federal of Northern Michigan is a full-service, community-oriented savings bank, which provides financial services to individuals, families and businesses from eight full-service facilities located in Alpena, Emmet, Iosco, Otsego, Montmorency, Cheboygan and Oscoda Counties, Michigan. First Federal of Northern Michigan�s business consists of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, commercial business loans, consumer loans and in investment securities and mortgage-backed securities.